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Topic: Bitcoin and terrorists (Read 1475 times)

newbie
Activity: 6
Merit: 0
May 02, 2014, 06:32:47 AM
#29
Yeah it will definately come. By now most people think bitcoin is a drug-coin. The step to a terror-coin is not so big Wink
member
Activity: 124
Merit: 10
May 02, 2014, 03:57:00 AM
#28
It's foolish! If terrorists like BicMacs let's close all McDonaldses to not provide em food. If they read Koran like millions and millions people all over the world, let's ban it. If they have sex doggystyle let's do it only in classic pose. Where's the logic?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
May 01, 2014, 04:29:56 AM
#27
True enough although by the same argument if they have shitcoins no one is really going to bother checking where the coins are moving while with Bitcoin it is easier to figure out because of all the attention on it when large amount start moving.

You can only use Bitcoins to move large amounts. You cannot use shitcoins to move large amounts. That is because the shitcoin market cap is too small to move large amounts.  Grin

Anyway, you will have to convert them in to Bitcoin before you cashes out.

True but when you convert them to Bitcoin from Shitcoins the trail becomes a lot more complicated than if it was just Bitcoins by themselves since to my knowledge their is no blockexplorer to follow on most of them.
Example
Buy 100,000 Sexcoins using tainted BTC on an exchange
Move Sexcoins somewhere else
Then buy Another Coin like NMC on a second exchange
Move to the third exchange and convert back to BTC
Then cash out
full member
Activity: 200
Merit: 100
April 27, 2014, 12:22:59 PM
#26
It's so complex, it has to happen
legendary
Activity: 3654
Merit: 1217
April 27, 2014, 05:21:07 AM
#25
True enough although by the same argument if they have shitcoins no one is really going to bother checking where the coins are moving while with Bitcoin it is easier to figure out because of all the attention on it when large amount start moving.

You can only use Bitcoins to move large amounts. You cannot use shitcoins to move large amounts. That is because the shitcoin market cap is too small to move large amounts.  Grin

Anyway, you will have to convert them in to Bitcoin before you cashes out.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
April 27, 2014, 04:29:16 AM
#24
I guess terrorists diversify their assets but the same argument can be made of alt coins Smiley

I don't think that even the terrorists are stupid enough to invest in shitcoins. Everyone with normal IQs know that the shitcoins will die out in the very near future, as they are just copycats of Bitcoin.

True enough although by the same argument if they have shitcoins no one is really going to bother checking where the coins are moving while with Bitcoin it is easier to figure out because of all the attention on it when large amount start moving.
Want to be sleuth you need to use unconventional routes.
Hehe that said your probably right
legendary
Activity: 3108
Merit: 1358
April 26, 2014, 07:45:25 AM
#23
Wake up, all terrorists are using international banking already.  Cheesy
legendary
Activity: 3654
Merit: 1217
April 26, 2014, 07:41:05 AM
#22
I guess terrorists diversify their assets but the same argument can be made of alt coins Smiley

I don't think that even the terrorists are stupid enough to invest in shitcoins. Everyone with normal IQs know that the shitcoins will die out in the very near future, as they are just copycats of Bitcoin.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
April 26, 2014, 06:15:11 AM
#21
I guess terrorists diversify their assets but the same argument can be made of alt coins Smiley
member
Activity: 74
Merit: 10
April 25, 2014, 11:52:42 AM
#20
So what if they do?

They are already using fiat, PayPal, and other electronic forms of payment.

We just to make sure that the media and the anti-bitcoin agenda don't try to fool the general public into thinking that bitcoin is somehow connected to these elements, a la the Silk Road debacle.

hero member
Activity: 588
Merit: 500
April 25, 2014, 11:48:03 AM
#19
We should all expect a "terror attack" with the villains supposedly funded by BTC.  The feds and media would have a field day with that.

Wait for it...
dont they use dollars or euro?? just wondering... much more untraceable...
legendary
Activity: 3654
Merit: 1217
April 25, 2014, 11:44:10 AM
#18
Bitcoins are really famous but only at this forum.

lol... do you really think so? Just check the number of articles which had appeared in Forbes, during the past 2-3 days about Bitcoin. Bitcoin is famous outside this forum too boy. And the popularity is growing day by day.
legendary
Activity: 1414
Merit: 1000
April 25, 2014, 11:00:14 AM
#17
I don't think real terrorists got yet to the Bitcoins.Bitcoins are really famous but only at this forum.
full member
Activity: 154
Merit: 100
April 24, 2014, 06:43:37 AM
#16
Anyone who isn't at least a bit concerned about Bitcoin funding terrorism is fooling themselves. I like Bitcoin, but I like being alive even more.

You are MUCH more likely to die in a vehicular accident than terrorism.  So stop being scared of your own shadow.
legendary
Activity: 3654
Merit: 1217
April 24, 2014, 04:22:58 AM
#15
The terrorists may take advantage of BTC.

They do take advantage. Once I came across a Jihad funding site (off course accepts only donations in BTC), while browsing the dark net. (I am 99% sure that it was set up by the FBI).  Grin
member
Activity: 115
Merit: 10
April 24, 2014, 04:20:10 AM
#14
The terrorists may take advantage of BTC.
member
Activity: 94
Merit: 10
April 23, 2014, 04:42:45 AM
#13
I think main "terroristic attacks" now is with stealing money from our wallets and computers. Every hour criminal elements discover new and new variants to pocket our digital money. The newest point is that android wallets mine altcoins http://altcoinhunters.com/2014/04/android-malware-mines-altcoins/
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
April 22, 2014, 12:28:13 PM
#12
Terrorists seem to like to move money using Western Union.   Why have we not outlawed Western Union as it is clearly dangerous?   I understand that we are going to outlaw pressure cookers soon.

Western Union requires ID.  The biggest threat to TPTB from BTC is anonymity.  Eventually governments will start saying all anonymous currencies are terrorist tools and must be banned.  While they can't ban the currencies outright, they can make transfer from fiat almost impossible.

Just another dude trying to buy cheap bitcoins again. Wait for it...

WU asking for ID means nothing. Ask any Nigerian Princes seeking help with their millions if only you could share your US bank account
http://www.419eater.com/

Now I would agree the banksters, a lot of them here right now on this forum will do everything in their power to put a brake on bitcoin. Most of the bitcoin believers understand this already.

My question to you is: are you on board no matter what? Buy $50 worth of bitcoins. Hold them, spend them. Be part of the bitcoin ecosystem. If not, be part of the FUD machine.

hero member
Activity: 602
Merit: 500
April 22, 2014, 11:55:54 AM
#11
It can be done with paypal, skrill, webmoney or perfect money. Those currencies is only a tool it can be use in good or bad.
legendary
Activity: 1554
Merit: 1000
April 22, 2014, 11:51:59 AM
#10
Who decides who is terrorist? Governments. Well, fuck all governments. I hope all organizations use Bitcoin for funding, even "terrorist" label ones.
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